Target 0.618 fib. Small bounce to upper trend line, if it fails we will drop to the lower trend line and look at the 0.786 fib level, if it succeeds I expect consolidation in the 0.382 and 0.5 fib level
Note
Note
Will likely experience a bounce, I dont think it will be a big bounce thus the arrow is exaggerated. If we break the bottom downtrend line we'll test the .618 fib level sooner
Note
Note
Waiting for confirmation of a bounce back down from the trendline
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.